No electricity and bouncing paychecks: What it was like to work for … – Raw Story

In an extensive tell-all written for Politico, a former employee for Trump Magazine documents a cash-strapped and dysfunctional company where paychecks bounced, the power was shut off due to unpaid bills and important health insurance was cancelled after a cancer diagnosis. One might call it a preview of Trumps America. According to Carey Purcell, she…

Construction, professional services, retail sectors most vulnerable to collapse – The Sydney Morning Herald

Dreamin’ retailers are running on borrowed time. There are too many marginal retailers out there, according to Michael Carrafa, the executive director of insolvency firm SV Partners. “Everyone has a dream,” he said of the sector’s enduring appeal despite its thin margins.  Dreamin’ retailers are on borrowed time. Photo: Supplied SV Partners has warned that a large supermarket or grocer, two…